Caterpillar 262D3 vs New Holland C232: Which Is the Better Value?

| Based on 30 verified Canadian auction sales

The Caterpillar 262D3 averages $34,933 CAD at auction, compared to $39,742 for the New Holland C232. That's a $4,808 difference. Based on 30 verified Canadian auction results tracked by TrackCheck, here's the full breakdown.

The Verdict

Both machines are competitively priced with only a $4,808 difference. Your decision should come down to brand preference, dealer proximity, and specific feature needs rather than price alone.

Caterpillar 262D3

SSL

$34,933 CAD avg

$13,799

Low

$48,700

High

16

Sales

Avg 3,424 hours · 2020–2024 model years

Full price guide →

New Holland C232

CTL

$39,742 CAD avg

$17,457

Low

$60,253

High

14

Sales

Avg 1,841 hours · 2011–2017 model years

Full price guide →

How do 262D3 and C232 specs compare?

Caterpillar 262D3 vs New Holland C232 specifications comparison
Spec Caterpillar 262D3 New Holland C232
Horsepower 84 hp
Rated Operating Capacity 2,700 lbs
Operating Weight 10,085 lbs
Lift Type vertical
Frame Size mid
High Flow 1 gpm

What are the key differences between 262D3 and C232?

  • Price: The 262D3 is $4,808 cheaper on average (12% savings).
  • Track Type: 262D3 is a wheeled skid steer (SSL) while C232 is a compact track loader (CTL). CTLs have better traction on soft ground; wheeled units are faster and cheaper to maintain.
  • Usage: Used 262D3s average 3,424 hours while C232s average 1,841 hours.

Both Caterpillar and New Holland retain value well. See our depreciation guide for brand rankings.

Looking for a 262D3 or C232? Check current listings with Deal Scores.

Which is the better value: 262D3 or C232?

Choose the New Holland C232 if:

  • You work on soft ground, mud, or uneven terrain
  • You prefer New Holland's dealer network and parts availability

How do 262D3 and C232 prices compare by year?

Caterpillar 262D3 vs New Holland C232 prices by model year (CAD)
Year Caterpillar 262D3 New Holland C232
2024 $22,080 (1)
2023 $40,026 (2)
2022 $34,500 (1)
2021 $36,845 (6)
2020 $33,538 (6)
2017 $52,192 (4)
2014 $32,575 (2)
2013 $45,914 (4)
2012 $18,756 (2)
2011 $30,651 (2)

Prices in CAD. Numbers in parentheses are sample size. Lower price highlighted.

How do 262D3 and C232 prices compare by hours?

Caterpillar 262D3 vs New Holland C232 prices by hours (CAD)
Hours Caterpillar 262D3 New Holland C232
0-999 hrs $22,080 (1)
1,000-1,999 hrs $45,372 (10)
2,000-2,999 hrs $42,560 (6)
3,000-3,999 hrs $30,387 (2) $32,575 (2)
4,000+ hrs $31,531 (7)

Hours matter more than age for resale value. See our hours vs age analysis.

Where can I buy a 262D3 or C232 in Canada?

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